Insights, December 2020 - Fund Updates, News

20th Anniversary

We are pleased to announce that this month marks the 20th anniversary of the OC Premium Small Companies Fund, which was launched on 8 December 2000. It’s now one of Australia’s longest running small company funds and has delivered 11.2% pa since inception (5% pa above benchmark). We wish to thank all our long-standing investors and supporters over the journey, and look forward to continuing our association and welcoming new investors as we head into 2021. Please click here to read our 20th Anniversary Brochure.

November Performance

Despite the strong headline numbers from indices domestically, it was a challenging month for fund managers given the high volatility in individual stocks as the share prices of perceived ‘opening up’ or ‘vaccine beneficiary’ companies rocketed and conversely the share prices of ‘COVID-19 beneficiary’ companies came falling back to earth.

The OC Premium Small Companies Fund and OC Dynamic Equity Fund successfully navigated the overwhelmingly positive vaccine news in early November to post a return of +11.6% and 10.4% during November. The S&P/ASX Small Ordinaries Accumulation Index and the S&P/ASX Small Industrials Accumulation Index were up 10.3% and 10.1% respectively for the month.

The OC Micro-Cap Fund returned +11.8% for the month, behind the S&P/ASX Emerging Companies Index which was up +12.9% over the same period.

To discuss our portfolios in detail, contact your local Copia business development team member.

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TAGS : Australian equities, Australian shares, Dynamic Equity, Fund update, Latest report, Micro-cap, Premium Small Companies, Small caps